DislikedTrading forex is all about knowledge and a deep understanding of the market. What I want to share today is an interesting development on EURUSD concerning the interplay between fundamental and technical analyses. The big players are getting set for a crucial decision on EURUSD just like they did in February 2010.
If you look at the weekly charts, you will observed that for three straight weeks price opened and closed almost at exact points, thus forming three stars. A star on the weekly chart is a sign of expectation, a tug of war between the...Ignored
anyway stars are only due indecision to the timebeing ,hasten with more stars but if situation changes on the factors for which it was in that condition , will not any more .likely if usdx itself broken support tl after tl itself ,its pair will not go opposite side due the previous indecision .
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Not understand?better not follow my analyses!doubt clearer first, risks ++